The average length of an expansion has increased significantly since the 1990s. The three business cycles from July 1990 to June 2009 had an average ......
Taking a break away from the media and Lee Kuan Yew state funeral. I find myself tearing every so often when listening to the eulogies. The sadness can be overwhelming at times (whether you love him, hate him…. he is to me what defines Singapore as I was growing up), and the only comfort is that LKY has lived a full life and he wouldn’t like the sentimentality. We have to look forward and build on what he has achieved.
Is the market due for a correction? No doubt it has been 7 years since the last major recession. Technically, a correction or recession could be around the corner – if we go by the normal periodic cyclical rise and fall of markets. (read here and here)